iffco embarks upon new investment plan

Friday, July 29, 2005

Rajya Sabha

Indian Farmers Fertilizers Co-operative Limited (IFFCO) has embarked upon a one billion dollar investment plan. The details of the Projects proposed to be set up by IFFCO are as follows:

Sl.No.
Details
Project Cost (Rs.Crores)
Project Cost (USD Million)

1.
Energy Saving Projects of Ammonia Plants at Kalol, Phulpur and Aonla.
405
92

2.
De-bottlenecking Project for Capacity enhancement of Aonla and Phulpur Units, in addition to installation of CO2 recovery Units at Aonla and Phulpur Units and conversion of feedstock to LNG at Phulpur Unit.
481
109

3.
Joint Venture Rock Phosphate Mining Project in Egypt of a capacity of 20 lakh tones at Rock Phosphate per annum to meet the requirement of Phosphoric Acid project at Kandla.
308
70

4.
Joint Venture Phosphoric Acid Project at Egypt of capacity 1500 tonnes P2O5 per day or 0.47 million tones of P2O5 per annum.
1430
325

5.
Phosphoric Acid Project in Kutch District of Gujarat of a capacity of 1500 tonnes P2O5 per day or 0.47 million tones of P2 O5 per annum.
1320
300

6.
Kandla Phase-III Project of a capacity of 0.8 million tones per annum of P2O5 or 1.8 million tones per annum of bulk fertilizers.
462
105

Total
4406
1001


After implementation of the these projects production capacity of DAP/NPK plants of IFFCO will increase by 1.8 million tones per annum and that of Urea by 0.5 million tones per annum. This increase in fertilizer production will partly offset imports and is expected to enhance agricultural production.

This information was given by the Minister of Steel, Chemicals & Fertilizers, Shri Ram Vilas Paswan in a written reply to a question in Rajya Sabha today.

SKM:PM